The author of No Logo has written another book strongly criticising features of capitalism while still arguing for reform of the system rather than for its replacement. In her earlier book Naomi Klein concentrated on the spread of globalisation. In The Shock Doctrine she aims to show that disaster capitalism treats natural and man-made...
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Capitalism
Disaster Capitalism
Feeding the World?
President Bush in an interactive business session had argued that while prosperity in countries like India is good, it triggers increased demand for better nutrition, which in turn leads to higher food prices.The comments came close on the heels of US Secretary of State Condoleezza Rice’s controversial statement that ‘apparent improvement’ in the diets...
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Capitalist Catch-22
From New York Times we hear that President Bush is threatening to veto a bill that “would pay tuition and other expenses at a four-year public university for anyone who has served in the military for at least three years since the attacks of Sept. 11, 2001.” The main reason for this? Fear that...
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Workers in Greece march against privatizations
After months of labor unrest over pension reforms, thousands of workers in Greece walked off the job yesterday and marched through the streets of Athens in protest of current conservative government’s plans to privatize more industries. According to the report: Dock workers, hospital and civil aviation authority staff and workers at Greece’s biggest phone...
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Appeasing the Nazis?
Bush gave a speech to Israel’s Knesset in which he spoke of the president of Iran, who has called for the destruction of the U.S. ally. Then, the president said: “Some seem to believe that we should negotiate with the terrorists and radicals, as if some ingenious argument will persuade them they have been...
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Oh that Capitalist “Logic”
One of the “joys” of living in American cities these days is being forced to shop in one of the yuppie grocery markets which have excluded such national chains like Safeway. Just before Mother’s Day my neighborhood market, Whole Foods was advertising the glories of Ecuadorian Roses. I had to laugh at Whole Foods...
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We work harder but get poorer in the U.S.
According to a 2003 report on the Federal Reserve website examining changes in wealth distribution from 1989 to 2001, certain stark realities are encountered. The wealthiest individual of 1989, estimated then at a worth of 7 billion dollars, was replaced by an individual today worth 42 billion. The average wealth of the richest 400...
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Yeah, but they’re probably full of lead
What’s that old saying about the capitalist selling you the rope to hang him? ‘Free Tibet’ flags are made in China. From Marx and Coca Cola
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Invasion of Dominica (1965)
On this day in 1965 the United States sent more than 22,000 troops to the Dominican Republic in order to prevent the establishment of what President Lyndon Johnson described as a ‘communist dictatorship’. Utter nonsense of course. The Socialist Standard of June that year explains why: •••••• “In yet another flare-up in the endless...
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Can the media be made democratic?
(Socialist Standard- March 2008) Since the early twentieth century American journalists have been fascinated by the uneasy relationship between democracy and a media industry that has grown immensely powerful and profitable. The opinion that the democratic process has been undermined – epitomised by declining electoral turnout – by an industry more concerned with increasing...
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